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. tom is off tonight. president obama tells republicans and democrats they have ten days to work out a fiscal cliff deal. and he says it's doable. tonight's market monitor guest is not scared off by cliff worries. he's buying stocks, saying the markets will do well in the new year. he's richard steinberg of steinberg global asset management. and warren buffett, the oracle of omaha has plenty to say on taxes and the fiscal cliff: we talk with his long-time friend and "fortune" magazine journalist carol loomis. that and more tonight on "n.b.r." some straight talk from president obama tonight about the fiscal cliff. speaking to reporters from the white house he said he's ready and willing to get a comprehensive packageone,ut it's up to republicans and democrats to make it happen. >> nobody gets 100% of what they want. everybody has to give a little. >> susie: the president also proposed a smaller package that prevents taxes for 98% of americans from going up and for unemployment insurance to be extended. he pressed lawmakers to agree on this in the next ten days. darren gersh has detail
, but before he left, president obama urged republicans and democrats alike to get it done. >> in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> congress is also in recess until after christmas. in his weekly address, house speaker john boehner accused the president and senate democrats of failing to offer a responsible solution. boehner's own proposal had to be pulled this week after he failed to get enough support from fellow republicans. >>> and the national rifle association promised meaningful contributions to avoid another tragedy like the one in newtown, connecticut. friday, the gun rights group unveiled that plan. nra executive vice president wayne lapierre says the u.s. should put armed guards in all schools. the comments came one week after 20 children and seven adults excludeing the gunman were killed in one of
irony here i think is once again, republican obstruction will save progressives from barack obama doing something that they didn't want done. there was a moment of time back when we go back to after scott brown was elected, there are voices in the white house going small on the affordable care act. and the other voices are saying well, the republicans are going to kill you either way. and the republicans could have jumped into that opportunity and they didn't. and what they got as a result was the big enchilada affordable care act. now the tea party is going to have ended up killing that possible compromise. >> that's right. and taking whatever harry reid gives them. >> yeah. >> it's unbelievable. i want to stay at work like i want the holiday weekend. >> that's a little weird. >> chris hayes, the host of up with chris hayes which airs tomorrow at 8:00 a.m. eastern. but if i'm in my office,come get me for pastries. >> and tomorrow we're having a the publisher of "swat" magazine along with a woman who wrote an incredible essay about loving guns and having a gun used against her. and it's
'll tell you this. house republicans do not trust barack obama. they just don't trust him. you mentioned the debt ceiling, they don't think he's negotiating in good faith on the fiscal cliff. so they just didn't touch speaker boehner when he went into these closed door meetings. and that kind of lack of trust, i think, was reflected in the fact that he couldn't get the 218 votes that he needed yesterday. but when i talked to him today, we kept in tact our virginity. we didn't vote for a tax increase. and that, i think, is the most important thing in terms of the brand of the republican party. the republican party has got to be an anti-tax party. >> i think the contrary would be that the brand has become one of obs innocence. he's met them half way on taxes and spending. but i think that's what the rest of the country wants to hear. they're sick and tired of the polarization. >> well, i think that's right. and, look, i do disagree with the characterization of president obama's compromise on spending cuts. there have been none. and i think that's a big problem when you have a $1.1 trillion
boehner right now. he's still in a tight spot and the concern that the republicans have is that obama's panel strength and as we go over the cliff and tax rates go up. but i really think the buck stops with the president here. when you go into the negotiating sessions, paul and you're expected to make concessions, but you're expect today get something in return and boehner made a major concession on rights and the president is giving him nothing in return to take that to his caucus and say, this is what happened in the horse trading. it's all or nothing, obama seems determined to humiliate the opposition. >> paul: boehner made two concessions, first 800 billion on the table in revenue and don't raise rates when the president said no he, you've got to raise rates. he said okay, a concession on rates, an offer first we'll vote for a million dollar tax increase on those making more than a million dollars, but give me something in return. then, those negotiations went nowhere, so then john boehner went to plan b. and i mean, i think you sense at least when i talk to boehner's people the e
tonight. president obama tells republicans and democrats they have ten days to work out a fiscal cliff deal. and he says it's doable. tonight's market monitor guest is not scared off by cliff worries. he's buying stocks, saying the markets will do well in the new year. he's richard steinberg of steinberg global asset management. and warren buffett, the oracle of omaha has plenty to say on taxes and the fiscal cliff: we talk with his long-time friend and "fortune" magazine journalist carol loomis. that and more tonight on "n.b.r." some straight talk from president obama tonight about
. today president obama met with senator harry reid. he gave a statement saying he expected republicans to come back after christmas before the end of the year to try again. mr. boehner gave his own statement saying maybe something could break the rules a little bit and start in the senate to fix the problem instead of starting with his side in the house. if that happens and they can put something together on the senate side that can pass the senate, and that can earn all of nancy pelosi's 193 democrats in the house, they would need, then, 25 republicans to defect and vote with all the democrats to save the country. to save us at least from a self-inflicted recession. they would need 25 republicans. among the republicans who did side with john boehner last night on one bill that he was able to pass before it all fell apart, among the republicans who were on john boehner's side last night were exactly 25 republicans who are not coming back to congress after this year, who are gone as of january and on whom the usual republican centrifugal forces do not apply. if those 25 republicans defe
the republicans might try to do once again on the debt ceiling in january or february. >> president obama argued tonight that both parties can agree taxes for the middle class cannot go up. let's watch what he said. >> in ten days, we face a deadline. even though democrats and republicans are arguing about whether those rates can go up for wealthest individuals, all of us agree that tax rates shouldn't go up for the other 98% of americans, which includes 97% of small businesses. every member of congress believes that, every democrat, every republican. so there is absolutely no reason, none, not to protect these americans from a tax hike. >> david corn, why won't republicans take that deal? >> well, because i think they're scared of being accused of voting for a tax hike on the rich if they do this deal before the tax cuts expire. i mean, i think, you know, jared and i and others have said for weeks now, it would be a lot easier for republicans after the expiration of these tax cuts to come and vote for the 98% below and say hey, we took the best tax cut deal we can. that's where we are now. that
after president obama said he will pursue a less am by shougs budget deal with republicans. there is good news no matter what congress does to address the problem, it is too late for employers to with hold income taxes from paychecks next month. employers are going to with hold the tax for the 2012 rates. >> president obama is restricting the number of inaugural balls to the lowest number in 60 years. there will be only two official parties right now. there was 10 held the last time around. there will be a concert honoring military families held on saturday before the inauguration. >> before the ina ration christmas. we are three days away. the holiday came a little early for some people. the women's organization has been an outreach to families that have people that are ill or incarcerated. >> thank you for all the people have done. this is overpowering. >> tears of joy as the washington wizards and volunteers delivered bags of gifts to her home. >> my goal is not to just play barble but do things the community. >> his daughter recently p
: good evening, everyone. i'm susie gharib. tom is off tonight. president obama tells republicans and democrats they have ten days to work out a fiscal cliff deal. and he says it's doable. tonight's market monitor guest is not scared off by cliff worries. he's buying stocks, saying the markets will do well in the new year. he's richard steinberg of steinberg global asset management. and warren buffett, the oracle of omaha has plenty to say on taxes and the fiscal cliff: we talk with his long-time friend and "fortune" magazine journalist carol loomis. that and more tonight on "n.b.r." some straight talk from president obama tonight about
between the two sides centers around a balanced approach to the budget. republicans say president obama wants too much revenue. that's taxes in normal speak. and not enough cuts. >> at some point we have to address the spending problem we have. we can't cut our way to prosperity. we need real economic growth. many of us believe on both sides of the aisle the fundamental reform of our tax code will help us get your economy moving faster and put more americans back to work. how we get there god only knows. >> president obama doesn't see it that way. >> at some point there's got to be i think a recognition on the part of my republican friends th that, you know, take the deal. they will be able to claim that they have worked with me over the last two years to reduce the deficit more than any other deficit reduction package. >> the ceo of pimco, one of the world's largest investors in bonds. mark standee is chief investor at moody's. and christine romans, host of "your bottom line." gdp, the broadest measure of the economy grew at an annual rate of 3.1% over the summer. we just got those num
on the republicans part they couldn't successfully pin obama with going over the cliff. >> i never speak for the media. i speak only for myself. i don't know. it is going to really depend, don't you think? matt, you have a column back in december that said john boehner cat herder and i was thinking the cats got the better of the speaker. what do you think that means for his future? does he remain as speaker? does someone else come in and take over because it is an indication he can't control his own group? >> well, it certainly wasn't a vote of confidence. i think, john boehner was right. he gave that press conference today and said, you know, people like me, it is true, i talked to congressman and they like boehner and the problem is they don't respect him enough to listen to him and they don't fear him and it is sad if you think about it. there is a structural problem that i think is sort of implicit here. the conservative base doesn't trust the republican leadership, and therefore the republican leadership is never given the leverage to compromise, and therefore the american public se
a $3.8 trillion tax reduction. the biggest, i think, listen, i don't think the republicans acquitted themselves as terrible as some were making out yesterday. but what they did do that was quite poor. if you're president obama from a legacy standpoint, you got a big boost right now. what i mean by that is on january 1st, the bush tax cuts are no more. >> right. >> going forward for the rest of our lives, we're going to be talking about the largest tax cut in history as the obama tax cuts. >> katie, maybe so, but i think the republicans have to be the retreat. in some sense, they'll take sola solace. i happen to think boehner had the least bad proposal, i'm sorry it got beaten down. will the republicans come back and vote for tax cuts in january? democrats sure will. >> well, that's certainly an option that's on the table and definitely makes their job easier with their constituents back home. but there's one thing we're forgetting here, republicans in general can still come back in the ten-day period we have before the fiscal cliff deadline and vote present and wash their hands clean
it to the floor. president obama moved closer to the republicans on rates, tax rates, and said that in terms of spending cuts, he was willing to make more spending cuts. all contrary to the representations' about his position that you may have heard. every time we are close to a solution, whether it was a year- and-a-half ago in the summer or right now, the republicans walkaway. when we thought we were close this week, republicans decided to follow another path, a path that led them over the cliff, a route in which they did not have the votes. that was then. this is now. let's go back to the negotiation table. we have no right to walk out the door of congress with no clear path to a resolution of this challenge. it is time to get back on track, back to the negotiating table. we must work together in a bipartisan way to create jobs, grow the economy, strengthen the middle-class, reduce the deficit, and to do so in a responsible way. we can and we must get the job done now. i am pleased to yield to the distinguished democratic legislator, steny hoyer. >> i thank the leader for her comments, an
maggard with president obama. the kiss of death for tennessee republicans. flyers, newspaper ads. internet videos. >> both say they support our second amendment rights but they both worked against our freedoms behind closed doors. >> they prey on your fears and they know most people won't have the courage to stand up to them. >> reporter: but deborah maggard did and paid the price. she lost her race to the nra backed challenger. that's the way the nra has long operated, striking fear into the hearts of republicans and democrats alike. in this year's presidential campaign, republicans fell all over themselves to curry favor from the organization. >> it's great to be here with so many friends of the national rifle association. >> reporter: but is it different this time? >> everyone in this country at one time or another has loved a 6-year-old or a 7-year-old. and i think the nra for once, i think everybody is paying attention to how they operate. they have stifled meaningful discussion by using fear and intimidation tactics to keep people from saying the things that maybe need to be said. >>
of his personal record. in the end, obama beat romney by ten points on the question of which candidate is more like you? romney, the first republican nominee in the history of our nbc/"wall street journal" poll go into his convention with his personal rating under water, ended his campaign with a painful number, just 47% of voteri ins viewing him positive. the obama campaign bought ads early and were careful about where to buy the ads. in the last week the obama campaign paid $550 for a single ad in raleigh, north carolina. the romney campaign had to shell out $2,665 for the same spot. why? the obama campaign purchased it way ahead of time. romney bought it the week of. lesson two, the republican brand needs a hard look. the gop's favorable rating has been under water for two years. if you take that out, it's been nearly five years. just 36% of registered voters said they had a positive view of the republican party, 43% held a negative view. the democratic party was in positive territory just barely at 42% 40%. just 20 republican primary bids put harsh republican rhetoric on immigratio
, there is no substitute for him talking with john boehner and it will get a deal done, it will be obama and boehner. there is nobody -- the talk about somehow or another, boehner's speakership being in jeopardy, that is nonsense, no one is coming behind him and senator mcconnell, the republican leader of the senate is up for re-election and as we saw in the senate race in kentucky a few years ago, he may have to worry about a challenge from the right if he supports a tax increase. i think president obama is doing the only sane thing he can, which is reach out to the speaker and he controls the house and, that is -- and the good news for the president is the public seems by all the polls, by the fact the election came out the way it did, to be in his corner, not the speaker's. >> rick: the president -- you want to weigh in on that? >> i just -- >> rick: americans are in favor of raising taxes on the wealthiest americans and, the president did win, november 6th. >> we have seen polls that say that, they approve tax reform and want to see real entitlement reform and want to get spending under control.
that people did want to give barack obama a second chance. i think if the republicans had fielded somebody who actually told us what he was going to do and what he believed in why he should be president. we would not be having -- >> this is interesting. because around this table even, over and over again everywhere, republicans said, particularly republican women who defended mitt romney said, no. women care about the economy. if you disaggregate the economy and issues on the table and everybody was satisfied with the economy there is no way that you will not come away contraception, abortion, rights that people thought they had. if you want to get people mad, if you want to really get people out take away something they thought was safe. that's what women thought. they thought that our mothers didn't even have to worry about contraception. when they were young women they won 'boring. that is an issue that has not been on my agenda. they put it on their agenda and it was a solidifying because the economy that you all claim was going to do it, didn't. >> that will have to be it for this edition
with president obama and signals conservative republicans are inwilling to stomach any rise in tax rates even on those making more than $1 million which was mr. boehner's plan. so walk us through what happened on friday. how did we get there? and it seems like the speaker of the house didn't see this coming, and a lot of folks in washington want to know why not? guest: we begin the week with the speaker of the house saying negotiations between he and president obama had stalled. they were stuck on their -- i guess i would say maybe not their final offers but current offers. boehner said he would raise taxes on those making a million a year or more and get all told $1 trillion in tax increases which he wanted to be matched with $1 trillion in spending cuts and the rate increases on those making $1 million or more and remove loopholes and deductions to get the rest in revenue and then you had your spending cuts. the president, sort of depends on how you do your math and counting, but the president -- by scoreible math the president would have been at $1.3 trillion in tax increases and $900 bil
and cut spending continued to separate democrats and republicans. president obama called on house speaker john boehner to come back to the negotiating table and avoid the "fiscal cliff." >> as of today, i am still ready and willing to get a comprehensive package done. >> the remarks came after speaker boehner failed to gather enough of his party's support to bring his so-called plan b to the floor for a vote. his proposal would have effectively raised taxes only on those americans making more than a million dollars a year. house and senate members will be back at the capital on december 27th looking for that solution. >>> wall street worried about the "fiscal cliff" talks, stocks closed sharply lower today. the dow dropped more than 120 points. the nasdaq fell 29 points. the s&p dropped, as well. >>> california cannot stop people from using the so-called conversion therapy to try to turn gay minors straight. the federal appeals court issued an emergency order late this afternoon putting the law banning the therapy on hold. the law was the first of its kind set to take effect january 1. li
it in the senate or obama will veto it? why go out on a limb and abandon the idea republicans never allow a tax hike for something just going to be an attempt at a strategic thing, and the reason they thought it would fail is it would involve trying to blame obama if we went over the fiscal cliff and republicans don't think the media would accept that narrative. i don't know. you would know better than i would about how the media would react to that. that was a feeling on the republicans part they couldn't successfully pin obama with going over the cliff. >> i never speak for the media. i speak only for myself. i don't know. it is going to really depend, don't you think? matt, you have a column back in december that said john boehner cat herder and i was thinking the cats got the better of the speaker. what do you think that means for his future? does he remain as speaker? does someone else come in and take over because it is an indication he can't control his own group? >> well, it certainly wasn't a vote of confidence. i think, john boehner was right. he gave that press conference today and s
. >>> president obama nominate john terry for secretary of state but will republicans support the nomination? >>> and tensions are running high. >>> and why is steep jobs' famous yatch being docked? that story much more ahead in the next half hour. but the top story, with congress in recess until christmas, it seems more likely than ever that the nation's economy will fall off the fiscal cliff. president obama is calling on congress to do just enough to change that. it's a change from his previous push for sweeping reforms. >> the american people re- elected president obama on election day. they also re-elected a republican majority here in the house. in doing so, they gave us all a mandate. it was not a mandate to raise taxes on families and small businesses. it was a mandate for us to work together to begin solving the massive debt that threatens our country's future. unfortunately, the president and senate democrats vowed to reject and vetoed all of our proposals while failing to offer responsible solutions of their own. >> the chance for any deal may now be up to the democratally control
ability to successfully negotiate and to forge a compromise that appeals to both republicans and the far left in mr. obama's party. the president met with senate majority leader harry reid this afternoon and talked with speaker boehner to begin anew that effort to reach compromise. >> averting this middle-class tax hike is not a democratic responsibility or republican responsibility. with their foes the american people have determined that governing is a shared responsibility between both parties in this congress laws can only pass with support from democrats and republicans, and that means nobody gets 100 percent of what they want. lou: there are only ten days remaining to the fiscal cliff. president obama headed to vaue within actually minutes, and members of congress have also gone home for chrrstmas vacation already. in a news conference today, speaker boehner admitted negotiatns with the president have, indeed, been difficult. >> until the president on monday, these are my bottom lines. the president told me that his numbers, $1 trillion in new revenues, 850 billion in spending cuts
been difficult. >> republican house speaker said it is up to president barack obama and senate democrats to draft a deal. >>> growing pessimism about a deal getting tk-b sent stocks into a tail spin. the dow suffered triple digit losses and the nasdaq took a hit falling 29. california's unemployment rate is below 10% for the first time in almost four years. the latest unemployment rate dropped to 9.8% in november. down from 10.1 in october. jobless rate has not been this low since jan of 2009. some economists predicted california's unemphroeupl rate would remain in double digits through 2013. the fiscal cliff, mixed with lower unemployment and adding the mood with shoppers is leaving experts baffled by the direction of the economy. our consumer editor explains how the coming days could be critical. >>> consumer spending ins just released for november shows spending at a 3-year high. that was last month. last month, business investment in long-lasting machinery jumped more than expected. employment is up in all but five states. but, today's critical consumer confidence numbers a
, president obama can be accused of being just as wary of the gun lobbyists being republican. in 2008 he -- ran on the campaign for assault weapons ban but then if anything he loosened gun laws while in office. can only afford in a second term and if so does that taint any achievements he might have? >> no. if the president is able to -- the congress and the president are able to come together and pass meaningful gun control legislation, that's going to be a win for everybody. i certainly do think -- you know, he would make the argument, i think, in the first term obviously there were other issues that were, you know, more pressing in terms of the level of urgency and terms of jobs and economy. i think a lot of us were disappointed to see this measure and ideas, though, kind of fall to the wayside. i think we are all horrified that a tragedy like this is what it takes to bring us back to this. one key point i do want to make about the nra because i agree they -- fundamentally don't have the same kind of power that the -- preachio iopreviously di. one of the things they did form paranoia
still think we can get it done. >> president obama is doing everything he can to avert a fiscal cliff disaster for the middle class. the republican implosion gives democrats even more leverage in the fiscal cliff negotiations. i'll ask dnc chairwoman debbie wasserman schultz, will this latest move by the president be enough? >>> revolting, tone-deaf, disastrous. the nra blames everything but guns for gun violence in america including 20-year-old video games, and they reverse an opportunity to heal the country for a commercial for more guns. >> the only thing that stops a bad guy with a gun is a good guy with a gun. >> congressman jim moran and reverend jesse jackson react to today's circus. >> this is the beginning of a serious conversation. we won't be taking questions. >>> reporting for duty. >> and john kerry biographer douglas brinkley on the senator's big nomination. >> good to have you with us tonight, folks. thanks for watching. it's home for the holidays with no deal. house speaker john boehner only has himself to blame. boehner's plan b gimmick failed big time last night at t
the cpi. obama has done everything he can to convince the republicans to take a deal that under normal circumstances would be a huge victory for them. they are changing entitlement programs, protecting tax cuts for 99% of the public, getting trillions through the deal -- in the summer of 2011. that is a very much conservative victory. but obama can't seem to get boehner to say yes, i claim victory on this one. and it is remarkable that that is the second time he offered cuts to social security benefits, and boehner is not willing to accept it. >> what are the white house's terms once you hit january one. and will all the same stuff be on the table? or will the president simply demand a fix in the tax rates as a starting point, pass the bill that fixes the tax rates first, then you can come up here and talk about the other stuff. >> it is a great point. and you know one of the understated aspects of this whole negotiation process is how much unemployment insurance, the payroll tax cut, and infrastructure spending has kept the white house at the table. the administration wants those thre
returning us to the division of power, obama in the white house, democrats in control of the senate, republicans of the house. but with appearances can be deceiving, if in this case -- and in this case are. the most important reality of the election is that the republican effort to oppose anything and everything proposed by obama almost like a parliamentary party was not rewarded. taking the debt ceiling hostage was not rewarded, calling the obama health care plan -- which was their own only a few years earlier -- socialism, was not rewarded. that means they have to begin to rethink themselves and, importantly, democrats will not automatically embrace the same tactics in opposition. so i think that was an important change that creates a new dynamic not that's going to solve our problems, there's going to be no sitting around the campfire in washington making nice to one another, but the possibility now exists for a real effort and a
there's going to need to be some buy-in from the senate minority leader, republican mitch mcconnell. so that's where things stand. and president obama is actually hopeful that something could still be pulled off. listen. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. call me a hopeless optimist. but i actually still think we can get it done. >> reporter: now, of course, if the senate were to pass something and reconvene on december 27th, don, it would also then need to pass the house. but the expectation is that whatever would be worked out in the senate, if it is, would pass the house hopefully not just with republican support, but it would need democratic support, as well. and just to be clear, the thing that president obama and speaker boehner were working towards was a much bigger package, trying to deal with deficit reduction that would have dealt with these tax hikes, spending cuts, trying to work out a plan for entitlement reform and tax reform. what's now being worked out is to avert those ta
in 2004 got the nod after u.n. ambassador susan rice withdrew her name. she'd faced republican criticisms over the benghazi terrorist attack. president obama made the announcement this afternoon at the white house. >> i am very proud to announce my choice for america's next secretary of state, john kerry. in a sense, john's entire life has prepared him for this role. having served with valor in vietnam, he understands that we have a responsibility to use american power wisely, especially our military power. and he knows, from persol experience, that when we send our troops into harm's way, we must give them the sound strategy, a clear mission, and the resources that they need to get the job done. in an extraordinarily distinguished senate career and as chairman of the foreign relations committee, john has played a central role in every major foreign policy debate for nearly 30 years. as we turn the page on a decade of war, he understands that we've got to harness all elements of american power and ensure that they're working together-- diplomatic and development, economic and political, m
. 2012] >> and visit's radio address, president obama and michelle obama gave a christmas address. house speaker boehner gave the republican address. he talked about the so-called fiscal cliff. >> hi, everybody. as you gather with family and friends, michele and i wanted to wish you a merry christmas and happy holidays. >> we love this time of year. there is nothing like celebrating the holidays at the white house. it is an incredible experience that we try to share with as many folks as possible. this month more than 90,000 people will come to the white house to see the holiday decorations. this yours thing was joy to all. was joy to all. >> this week and parents are picking up their kids from college and making room for all the laundry they are bringing with them. kids are counting down the hours until their grandparents arrive. cousins and aunts and uncles aren't joining the family for the holiday spirit. -- are joining families for the holiday spirit. this year that is especially true for our military families. the war in iraq is over. after a decade of war, our heroes are coming hom
concessions in his -- more concessions in his latest proposal which we hope republicans will consider it so we can iron out further differences and bring it to the floor. president obama moved closer to the republicans on tax rates and said in terms of spending cuts, he said he was willing to make more spending cuts. contrary to representations about his position that you may have heard. every time we are close to a solution, whether it was a year and a half ago in the summer or right now, the republicans walk away. when we thought we were close this week, republicans decided to follow another path, a path that led them over the cliff, a root in which they did not have the votes. but that was then, this is now. let's go back to the negotiation table. we have no right to walk out the door of congress with no clear path to a resolution of this challenge. it's time to get back on track. it's time to get back to the negotiating table to grow jobs, grow the economy, strengthen the middle class and reduce the deficit and do so in a responsible way. we can and we must get the job done now. i'm please
that obama had was not a fiscal 1 but political, to follow the victory in november by creating civil war among republicans over the tax issue, which is exactly what happened. he said the 1 requirement i have for any deal is hiking tax rates. the reason that boehner was not able to do plan b was because it involved breaching the principle, which she did openly and said he was ready to do it. then conservatives said they would not do it. that is now a fracture in the party that will be extremely hard to reconcile. if you can not, how did you get a deal done before january 1? i am not sure they can be done that is essentially the problem the president faced with boehner two years ago, last year. can he deliver? how can you negotiate with someone who cannot deliver his side? >> you go to people for support, at least three of whom have lost their committee assignments. how can you expect them to come into your way of thinking? >> and they were growing when john boehner went down, taking some delight, but that was cleared, that was pre-cleared by the leadership. the leadership was with them. t
a plan to avert spending cuts and big tax hikes january 1st. president obama is calling on congress to craft at least a minimal deal and confident both sides will come to an agreement. this week, republicans rejected an alternative tax plan by speaker john boehner, that would have prevented taxes from rising on income under one million a year. well, there's a new law getting ugly for the good looking. iowa supreme court bosses can legally fire anybody they see as an irresisttable atraction, he fired her because he felt she was attraction to his fidelity to his wife. >> neil: get ready for new fees to fly in the new year. from southwest airlines. you miss a flight and don't cancel your discount ticket, you're going to pay up. overweight bags get ready to lighten up your wallet more. if you're overweight get ready to be killed. just-- (laughter) southwest says it needs the money. what about letting us keep them. >> it's so ridiculous and makes me so-- the airlines fees are like tattoos, never ever go away they just go up, up, up, up. >> neil: that depends where the tattoos are. i do.
obama on election day. the also elected a republican majority in the house. they give us all the mandate. not a mandate to raise taxes on families of small businesses, and meant it for us to work together to begin solving the massive debt that threatens our future. the president and senate democrats have vowed to reject an veto all of our proposals waffling to offer responsible solutions of their own. -- proposals while failing to offer responsible solutions of their own. instead, he wants more spending and more tax hikes that will hurt our economy. he refuses to challenge the members of his party to deal honestly with the entitlement reform and big issues facing our nation. that is why we find ourselves here today. i have challenged the members of our party to grapple with these issues, make tough choices. washington has a serious spending problem. this was the year, the size of our debt, all $16 trillionths of it, surpass the size of our retientire economy. but president's solution of raising tax rates would hurt jobs, at a time when for too many of our citizens are struggling to find
conference. he's going to be the speaker. what you have is a situation, i think on the republican side where they're not angry at boehner for trying to get a deal done because they know that it has to happen and they know obama won the election and what they don't want is to have their fingerprints on it and if speaker boehner put on the floor something that would pass almost exclusively with democratic votes. >> right. >> i do not think there would be a revolt again. st speaker boehner because his members know he can't stop it and they'd be in a position where they can vote no and maintain their purity. i actually think the speaker is trying to be a constructive partner and he's just got a significant element in his caucus that will not vote for any new revenue. >> some might argue he's seen the revolt from the tea party section and constituency of the caucus right now. >> congressman, peter welch, thank you for stopping by. >> tomorrow we'll get another perspective from marcia blac blackburn, stick around for that. >> the only way to keep a monster from killing our kids is to invest in a p
responsible solutions of their own. >> president barack obama: averting the middle class tax hike is not a democratic or a republican responsibility, with their votes the american people determined governing is a shared responsibility. between both parties. >> gregg: national correspondent steve centanni is live in washington. anything happening at all, before christmas? >> reporter: no. not much, gregg. the house is shut down through christmas and even as we get closer and closer to the fiscal cliff. no deal was reached this week that would keep taxes from going up for everyone at the end of the year and john boehner accusing the president of ducking the central issue in the fiscal stand off. >> what the president offered so far, simply will not do anything to solve our spending problem. and, begin to address or nation's crippling debt and instead he wants more spending and more tax hikes, that will hurt or economy. and refuses to challenge the members of his party to deal with entitlement reform and big issues facing our nation. >> reporter: he suggests the ball is now, basicall
talk about the fiscal cleft negotiations followed by president obama's nomination of john kerry for secretary of state and senate republicans on the recent state department report. and later, the national rifle association's first briefing since the elementary school shooting and reaction from senate democrats. >> i think there is no idea and it was a confession of politics that created -- the spectrum was from the far left to the far right. there was no agenda. that we are somehow the midwife to public policy was absurd. if our content was affecting the behavior of interrogators in the field, there was a systemic problem. i suggested we try to intervene on behalf of those people. the fact that this is a television show. the fact that 24 became this political football was a very valuable thing. >> how movies and television create policy making. and singer-songwriter james taylor. >> president obama about he would sign a bill before january to extend tax cuts for most americans. his remarks came as congress leaves washington without a plan to avoid the fiscal cliff. the president
of obama to do stuff. neil: to say nothing about the poison the well with republicans in the meantime. but i know everyone talks these doomsday cult figures and aids and everything else. are you hearing of a backup plan to the treasury secretary can do something on tax tbles, he lay , maybe stolid. >> the treasury secretary has said some things and hinted that others about what could be done to hold this in abeyance for a little while so that te full brunt is not come down. if you have a total failure, absolute failure in the alternative minimum tax, the apparel tax holiday command the reversion to the clinton era tax rates to match those of going to affect you're looking at people's paychecks being dramatically smaller, take-home pay going wn by a huge chunk which would be very painful. the treasury has things they can do all the back. ththe other thing is, of course- and that is just on withholding, they can stop withholding which is what they have hinted that they can do. people don't seethere paychecks emulate. vacancy, we are going to now withhold because the taxes are not due un
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